NERC Gives PHED 60-Days To Incorporate PHED SubCo To Oversee Interstate Power Supply As AKSERC Assumes Electricity Oversight

The Nigeria Electricity Regulatory Commission has effected transfer of regulatory oversight of the electricity market in Akwa Ibom State from the Commission to the Akwa Ibom State Electricity Regulatory Commission (AKSERC). Consequently, it ordered the Port Harcourt Electricity Distribution Company to incorporate a subsidiary (PHED SubCo) for the assumption of responsibilities for intrastate […]